RE: £3 by xmas.12 Jun 2021 13:26
Green over the weekend ...
I don't think the following is unreasonable.
For 3500 stores (projection for July) I have the following calculations:
With only 4 packs of Chill sold per day in 3500 stores. Margin is 2.5 dollars per pack.
3,500×10×365 = 12,775,000
12,775,000÷1.41 (fx rate) = 9,060,283
9,060,283 x 30 (PE, not unreasonable I think) = 271,808,510/212000000 (number of shares) = fair price £1.28
So for say 8000 stores by end of 2021 and with the above calculations, gives a price of £2.92.
Stay Green, use the filter, Chill over the weekend.